Must-Read: Maarten de Ridder and Coen Teulings: Endogenous growth and lack of recovery from the Global Crisis: “The crisis [is] a quasi-natural experiment to test the endogenous growth hypothesis… http://voxeu.org/article/endogenous-growth-and-lack-recovery-global-crisis …suggests that output has not recovered because the crisis affected the rate of technological progress. Firms that preferred a bank that was more severely affected … Continue reading Must-Read: Maarten de Ridder and Coen Teulings: Endogenous growth and lack of recovery from the Global Crisis